Mn Services Vermogensbeheer B.V. Has $108.56 Million Holdings in Oracle Co. (NYSE:ORCL)

Mn Services Vermogensbeheer B.V. grew its holdings in Oracle Co. (NYSE:ORCL) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 651,433 shares of the enterprise software provider’s stock after purchasing an additional 13,400 shares during the period. Oracle comprises 0.7% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 21st largest holding. Mn Services Vermogensbeheer B.V.’s holdings in Oracle were worth $108,555,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. R Squared Ltd purchased a new position in Oracle in the fourth quarter valued at about $25,000. Winch Advisory Services LLC lifted its holdings in shares of Oracle by 89.7% during the 4th quarter. Winch Advisory Services LLC now owns 184 shares of the enterprise software provider’s stock valued at $31,000 after buying an additional 87 shares during the last quarter. TFC Financial Management Inc. grew its stake in shares of Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after buying an additional 120 shares in the last quarter. Reston Wealth Management LLC acquired a new position in Oracle in the third quarter worth approximately $44,000. Finally, Synergy Asset Management LLC bought a new position in Oracle during the fourth quarter valued at approximately $47,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Stock Up 2.3 %

NYSE ORCL opened at $172.37 on Thursday. Oracle Co. has a twelve month low of $109.79 and a twelve month high of $198.31. The stock has a market cap of $482.11 billion, a PE ratio of 42.14, a PEG ratio of 3.46 and a beta of 1.05. The firm has a 50-day simple moving average of $169.08 and a 200 day simple moving average of $168.15. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Monday, December 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $14.12 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. Oracle’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.34 EPS. On average, research analysts forecast that Oracle Co. will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, January 23rd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.60 dividend on an annualized basis and a yield of 0.93%. Oracle’s dividend payout ratio is currently 39.12%.

Wall Street Analysts Forecast Growth

Several analysts have commented on ORCL shares. Mizuho boosted their target price on shares of Oracle from $185.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. DA Davidson upped their price objective on shares of Oracle from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. JMP Securities restated a “market outperform” rating and set a $205.00 target price on shares of Oracle in a report on Wednesday, January 22nd. Guggenheim boosted their price target on Oracle from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $165.00 price objective on shares of Oracle in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.73.

Insider Buying and Selling at Oracle

In other news, CEO Safra Catz sold 2,101,154 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $185.35, for a total value of $389,448,893.90. Following the sale, the chief executive officer now directly owns 1,118,592 shares in the company, valued at approximately $207,331,027.20. This represents a 65.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 42.20% of the company’s stock.

Oracle Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.